Inland Power Limited (“IPL”), promoted by the Inland Group was set up as an SPV to expand the business interests of the Inland Group in the power sector. Incorporated on 22nd June, 1993 as a private limited company, IPL was subsequently converted to a Public Limited Company on 3rd April, 2008. IPL is in the process of setting up of the project of 2×63 MW thermal power plant based on CFBC technology in two stages at Inland Nagar near Gola, District Ramgarh, Jharkand as an Independent Power Plant (IPP). The plant is being set up in two phases and the 1st phase is meeting completion. India is one of the fastest growing economies in the world, heading on with an ambitious development agenda. As per a Goldman Sachs study, “India has the potential to show the fastest growth over the next 30 to 50 years.